Category: Money tips Release Date: 2007-04-01
Source: Zhang Yaliang
Broader market this week, go Xianyanghouyi. While still in one week, one with a long lower shadow of the bald little Yang Xian, and to round Quotes close at the highest closing price, but after a week, two of a small vaginal doji after the three days after the I am afraid that any movement to participate in this market for investors, especially stock investors came to haunt the new, unforgettable three days. 4 this week, Friday within 36 hours of tape to reach the largest decline 8.2%. By week 4 the afternoon, although the emergence of a strong Fanchou more than 3%, but the broader market in the Friday, not even the high point of the previous session did not touch it again to close the previous session's low of 1551 points. The dangerous market is obvious. Broad market decline this week to 7.07% final, which is the last December 6 Quotes biggest weekly decline since, but also since the April 25, 2003 more than three years since the biggest weekly decline. The accumulation of the long-short momentum has finally begun to focus this week, the outbreak of catharsis.
Why choose to tape this week's data later this week it emerged Po Wei? In fact, we analyze from a technical point of view, you can see more clear: the broader market since May 15 rose 3.82 percent Flanagan pulled out the big Yang Xian, the impact of 1678 points the next day a high point and release the week of unprecedented 229.3 billion the amount of the weekly turnover of days later, although the June 1 and 2, re-created a 1684 points and 1695 points, a new high, but the price is based on the amount of departure from the typical way invent. In the 17 trading days, stocks in several attacks on 1700 points, no avail, due this week are a very sensitive time window, it increased the risk of disc change at any time. More importantly, the momentum from the market to do more analysis, we had always regarded the main round Quotes do more vividly describe the momentum from the "troika" or a football team as a "forward "and two" wing ", which in real terms have been sent in advance to adjust the signal.
First, as the "troika" of or "forward" in China petrochemical, although the stock has not yet been changed, but the highest in the May 15 hit a record high of 7.52 yuan after, has had no ability to pick-up, but since then So far out of a standard of a downward spiral, the largest decline of 22%. Its first peak in the broader market trend, leading to broader market lost more than one of the most important force to do. Second, the "troika" of the two or what we call "Zuobian Feng" and non-ferrous metal plate, its leading stocks G, Kim May 12, but also as early as Sinopec, hitting a new high of 18.69 yuan, after there have been substantial adjustment. While the first half of this week announced the results of their three year-year increase of 200% --- 250% of the announcement, shares rebounded by 4.83% homeopathy, but if its high level terms, the decline has also been as high as 30% or more, and the plate Other stocks are those of a similar situation. Friday as the international metal futures prices fell, the vast majority of stocks is lower limit plate. Late last year, peaked in early May this year, before the market gains they are the most fierce, and the most able to muster the popular one plate. And this plate its peak, but also makes the tape a second do more to reduce momentum. Third, the "troika" of three or we call "You Bianfeng" in real estate, banking section. From the K-line diagram, we can also see that the leading real estate Vanke G ascribed to the May 9 after the 7.17 yuan so far is running on a downward spiral, the biggest decline to 27%, this week has five of its B shares lower limit. Especially when combined with the recent launch of the national real estate industry, the macro-control policies, but also to the plate cast a shadow over the future direction. In the banking section, we act in order to move cases of G, May 9 its ascribed to 7.73 yuan after the adjustment has been high, although the largest decline of only about 14%, far below the real estate stocks fall, but the Bank of China A share issuance and listing of upcoming news, finally touched the entire banking stocks this week, the neural plate. Therefore, it is the most important market for more than three plates do more momentum in mid-May have peaked on the (of course, also be understood as the mainstream continue to fund the planned withdrawal and the preparation of new shares, which we in the last article over the weekend had been made), not only makes the market's rise completely lost the kind of sharp before the offensive, but also for this week, three days after the crash left a foreshadowing.
In the after mid-May, although a large number of stocks to continue their daily limit-, although the broader market seems to look relatively strong, but its essence is also ultimately can not cover up for the slow response of the money trying to extend Quotes peaked, plus adjustments have not seen bold pursuit of new investors, resulting in compensatory growth of the nature of individual stocks. In particular, a large number of outstanding shares of stock and a number of pre-reform or smaller G shares rose sharply, are the obvious signs of idle capital. And such stocks in the event of large increases, the tape drive the event of signs of change, all kinds of profit-disk drive or liquidation is frequently rushed to gush, which in turn further increase the momentum of the market's short. Therefore, we can see that in the Wednesday, the two cities as much as 353 stocks lower limit.
For this week's plunge, maybe some people have to blame the Bank of China A shares so forthcoming reasons. In fact, we believe that this is just a market adjustment of the fuse only, tumble stocks in after a year in real terms was up nearly 70%, in particular, the accelerated rise in May, after the callback there is a strong pressure. In fact, the news of the new shares issued, in early May, the market will have psychological expectations, while the broader market has been a rally, such as Hung. Of course, we have repeatedly mentioned in the past, to judge the market are really strong and the weak must be in "three off" and restore the IPO is only the tape must be off the first hurdle. Because only when the new shares especially for large high-quality listing of new shares, we can assess their impact on market capitalization and valuation pressure. Can be said that the adjustment was just this week, the Bank of China brought about the psychological impact, its real impact will be reflected in its issue date and listing date before and after. In addition, to judge the market are really strong and the weak broader market also have been the second hurdle, namely, as the first lock-up shares may be sold date draws near, they would what impact the market. While the broader market also have been off the third is a mechanism that is later introduced short introduction of stock index futures for the market, what impact will it bring? Only when the broader market, after experiencing these three tests, then we can truly observe the strength of the market.
Overall, we believe that the broader market this week, root length Yinxian, should be formally announced mid-course adjustments to market entry. Adjust the time and space are to be seen. Is worth reminding investors to note that this is the stock market up or Change a very normal thing, neither for the rose and the ecstasy, but also not to drop and worry about, this is every investor should have the psychological qualities. Adjustment process is itself a risk-free process, which we tap the real value of the thing, to see who is really strong and the weak, Quotes prepare for follow-up process. Therefore, from this perspective, the drop is not terrible, terrible thing is that we lost direction, do not know what to do next. We believe that the time has come to be highly concerned about the opportunities of quality time shares.
